Jiming Huang / Blog
Pivot (invalidation): 0.6895 Our preference Long positions above 0.6895 with targets at 0.6985 & 0.7030 in extension. Alternative scenario Below 0.6895 look for further downside with 0.6845 & 0.6805 as targets...
Pivot (invalidation): 1.3550 Our preference Short positions below 1.3550 with targets at 1.3475 & 1.3420 in extension. Alternative scenario Above 1.3550 look for further upside with 1.3590 & 1.3625 as targets...
Pivot (invalidation): 0.9630 Our preference Short positions below 0.9630 with targets at 0.9585 & 0.9570 in extension. Alternative scenario Above 0.9630 look for further upside with 0.9650 & 0.9670 as targets...
Pivot (invalidation): 108.80 Our preference Short positions below 108.80 with targets at 108.35 & 108.15 in extension. Alternative scenario Above 108.80 look for further upside with 109.00 & 109.30 as targets...
Pivot (invalidation): 1.2525 Our preference Long positions above 1.2525 with targets at 1.2635 & 1.2670 in extension. Alternative scenario Below 1.2525 look for further downside with 1.2495 & 1.2455 as targets...
Pivot (invalidation): 1.1160 Our preference Long positions above 1.1160 with targets at 1.1225 & 1.1245 in extension. Alternative scenario Below 1.1160 look for further downside with 1.1135 & 1.1115 as targets...
The US dollar is sold against most major currencies, although other safe haven assets including US treasuries, yen, Swiss franc and gold remain bid...
The trading week started on a mostly positive note, despite the growing tensions between the US and China, rising political unrest in the US following George Floyd’s death and mounting pressure from Facebook employees on company’s inaction faced with President Trump’s comments...
Pivot (invalidation): 34.75 Our preference Long positions above 34.75 with targets at 35.90 & 36.85 in extension. Alternative scenario Below 34.75 look for further downside with 34.20 & 33.75 as targets...